Skip to main content
PBS logo
 
 

Book Review of The Automatic Millionaire : A Powerful One-Step Plan to Live and Finish Rich

The Automatic Millionaire : A Powerful One-Step Plan to Live and Finish Rich
gkat6120 avatar reviewed on + 9 more book reviews
Helpful Score: 1


Simple concepts identified and explained in text...
To win financially, first you must live on less than you make, and pay yourself first (DUH). Author recommends that you automate your savings/retirement, bill pay, direct deposit, automatic transfers, etc... that make managing your money simple / easy / effortless/ un-noticed / painless. The "tortoise" approach works - especially if you start this kind of system when young!
I prefer a more direct and controlled hands-on management of my monies - ala Dave Ramsey.